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Curve DAO (CRV) token has pulled yet another trick that may ultimately help its much-coveted recovery. As <a href="https://twitter.com/CurveFinance/status/1690850898275082240?s=20" rel="noopener noreferrer nofollow">unveiled</a> by the protocol, its annual emissions-slashing event has been automatically activated on-chain in a massive deflationary move. Based on the actual figures, the CRV emissions rate has now plummeted by 15.9%, as preprogrammed. 
<blockquote class="twitter-tweet"> 
 Annual CRV emissions reduced by 15.9% as pre-programmed!— Curve Finance (@CurveFinance) <a href="https://twitter.com/CurveFinance/status/1690850898275082240?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 13, 2023</a> 
</blockquote> 
Most projects in the Web3.0 ecosystem of today are positively tilted toward deflation as a crucial on-chain strategy to increase valuation over time. This deflation is typically implemented in two major ways, and it could either be through <a href="https://u.today/litecoin-ltc-halving-just-hours-away-heres-how-many-blocks-left" rel="noopener noreferrer nofollow">halving</a>, as exhibited by Bitcoin (BTC), Litecoin (LTC) and other Proof-of-Work (PoW) protocols or via regular token burning, as is embodied by Shiba Inu. 
Despite being a decentralized finance (DeFi) protocol, Curve has a preprogrammed schedule to reduce its emissions rate, and the implementation at this time appears quite strategic. 
Curve (CRV) <a href="https://u.today/ethereum-eth-might-be-biggest-victim-of-curve-attack-heres-how" rel="noopener noreferrer nofollow">suffered</a> a major exploit weeks ago, with the impact taking a significant toll on the token as it recorded a massive selloff. At the time of writing, CRV is still down by 31.59% over the past month, a decrease in valuation that the current deflationary sentiment may help to turn around. 
<h2 id="curve-price-outlook">Curve price outlook</h2> 
At the time of writing, Curve is changing hands at a price of $0.5829 after losing about 0.13% in the past 24 hours. Though the bearish sentiment is yet to totally fade off, there is a promising uptick in the 24-hour trading volume, which has inked as much as an 8% surge with a total of $49 million traded within that time. 
Besides this current emissions slash, Curve has also implemented a number of drastic moves to help in reviving its price. One of these moves is the <a href="https://u.today/curve-finance-moving-on-with-new-pool-in-view" rel="noopener noreferrer nofollow">proposed launch of a new pool</a>,&nbsp;which will offer its dedicated users more options to put their stablecoins to use.

Curve (CRV) Trails Bitcoin in Epic Emission Slash: Details

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